Ca as a paid assistant- tax issues
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2013
Sir,
My question is If a CA is working in a CA firm as a paid assisstant, Whether the payment from CA is to be considered as salary or Professional Income.
My question is If a CA is working in a CA firm as a paid assisstant, Whether the payment from CA is to be considered as salary or Professional Income.
CA Kapil Verma
(Expert)
03 May 2013
if the person are in full time employment the income will count in salary head.
14 June 2013
It depends on the terms and condition. If he is an employee then yes as any employee in service and it is to be treated as salary but if the terms are of the consultant then it is professional income.
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